Wednesday, July 20, 2016
3PL Central Acquires Traker Systems
Manhattan Beach-based 3PL Central, a private equity-backed developer of warehouse management software, said that it has acquired Traker Systems (iTracker), a fellow developer of software in the 3PL software area. Financial terms of the acquisition were not disclosed. 3PL Central said that the acquisition will help it to accelerate its product development cycles, provide more solutions, and bolster its Customer Success team. 3PL Central is led by John Watkins, who remains CEO of the combined company; 3PL raised funding from Mainsail Partners back in 2015.